My 50% Win Rate Trading Approach Makes People Mad

Үй жануарлары мен аңдар

Trading is risky, and most people lose money.
My Free Telegram Channel is now private, and has over 60,000 members, and can only be exclusively joined at this link: t.me/+TDVdM80j9lGfaWiP
Follow my trades, get coaching, hangout with the MFX group: www.missionfxtrading.com
FTC/CFTC Risk Disclaimer - Please read this so you're 100% aware of the extreme risks associated with any type of trading and investing.
I’ve said for years and years and years - trading is extremely risky, and most people will lose all the money they try to trade with - even the people who follow the information I provide. Trading is a skillset that is difficult to learn, and I make it look easy because I’ve been trading for 7+ years. As with any high performing skillset in life, trading is NOT easy.
Your likelihood of consistently making money trading is abysmally low, whether you learn on your own or whether you follow the things that myself or others teach.
It’s like becoming a doctor, many people start pre-med and medical school, but only a tiny fraction of them succeed and actually become doctors. The average success rate of trading is even worse that that! Becoming a doctor is obviously not for everyone, and becoming a trader is obviously not for everyone, too.
I (and my company, MissionFX, LLC) make NO guarantees/promises/express direct or indirect representation that you’ll achieve any specific result trading, regardless of whether you’re following my free or paid content.
I’m just some random guy on the internet who is sharing what’s worked for me - I have no clue what will work for you because there are a million contributing factors that will determine whether or not you will make money trading.
Do NOT take into account any information that I share anywhere on the internet as the basis for your trading decisions. I’m not responsible for your success, nor am I responsible for your failures.
Read the full risk disclaimer on my website below, so that you’re 100% aware of the risks associated with trading - then you can make an informed decision as to whether or not you want to continue following any of the information I share (or continue to pursue trading in general).
HTTPS://www.missionfxtrading.com/terms

Пікірлер: 216

  • @darksight9158
    @darksight91587 ай бұрын

    Bro your shiny head of truth and justice is glowing up my screen, great video bud !

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Shine bright like a diamond

  • @MiniWhale81

    @MiniWhale81

    7 ай бұрын

    ​@@NickShawnFX you are a shiny diamond, one in a million 😉

  • @L8ME

    @L8ME

    7 ай бұрын

    😂

  • @capfc1294
    @capfc12947 ай бұрын

    Been slowing down a lot more, being patients and waiting for everything to align. As much as I wanna jump on everything I’m tryna back up and think is this really smart ; then I have a whole internal battle trying to see it from both sides - tracking data, keeping things simple, and staying patient and not getting fomo is starting to create repetition . Not close to profitable yet but you can start to see things clicking together. just need more time and experience . Thanks for keeping in simple nick

  • @jaysonrusss
    @jaysonrusssАй бұрын

    2pac of traders here guys and girls. No one teaches like nick. Always awesome stuff.Amazing.

  • @IPPCRYPTO
    @IPPCRYPTO7 ай бұрын

    Outstanding! I’m Part of the Close friends and the calls are on point ! ❤❤

  • @juniorfleurialmonfils7998
    @juniorfleurialmonfils79987 ай бұрын

    Man you are a legend! Love the way you present everything. I’m not in forex but you are about to change my mind. Thanks.

  • @luisnlpt
    @luisnlpt7 ай бұрын

    Keeping simple... you are amazing and the best I found on KZread. THANK YOU, big hug from Portugal.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Big virtual hug!

  • @rodjames5771
    @rodjames57717 ай бұрын

    Thank you NIck! This was a Banger😀

  • @tripping864raw
    @tripping864raw7 ай бұрын

    Nick I was just wanted to say thank you. Your style has helped me to start making decent returns, 7 months of hard work and now using your technique and mastering it is finally paying off. Price respected massively on the daily chart, set the alerts, scale down to the 15 minute in and out 1 to 1 and the let the big ones run to nice profit. 7 straight wins on the bounce now. Thank you for making these video’s 👌

  • @matiboludo

    @matiboludo

    7 ай бұрын

    Do you also add to the positions? Or do you just go out if the trade doesn’t seem to work?

  • @HMA5150

    @HMA5150

    7 ай бұрын

    hey are you in the discord, id like to ask you a follow up question on this method.

  • @tripping864raw

    @tripping864raw

    7 ай бұрын

    Hi no unfortunately Iam not in the discord I have just been watching the videos and using the technique. Extremely simple but very effective

  • @P.Valentin

    @P.Valentin

    7 ай бұрын

    do you have a link to the video with the strat?@@tripping864raw

  • @everaldocampos2522
    @everaldocampos25227 ай бұрын

    Thanks nick for another encouraging video

  • @scottboylan7014
    @scottboylan70145 ай бұрын

    Best trading communicator I have come across in a long time.

  • @rkatz0
    @rkatz07 ай бұрын

    Haha, great vid, I am actually still trying to catch up with the stuff I learned from one of your videos some few to five years ago!

  • @giovannilouis7947
    @giovannilouis79477 ай бұрын

    The simplicity of it its amazing man,,,,,,love from haiti 🇭🇹 brother

  • @009andahalf
    @009andahalf7 ай бұрын

    😂😂😂 bro don't ever stop saying this 0:25. It's one of the reasons why I look forward to watching your videos. I give 2% of a shit to make this work💪 keep up the good work bro.

  • @rachelmorrow9042
    @rachelmorrow90427 ай бұрын

    This man deserves more subscribers

  • @realwilltrades
    @realwilltrades7 ай бұрын

    I passed my 100k challenge in 3 days with a 37% win rate trading support and resistance

  • @SpectatingSpeculator

    @SpectatingSpeculator

    7 ай бұрын

    Congratulations, you prioritized risk management?

  • @realwilltrades

    @realwilltrades

    7 ай бұрын

    @@SpectatingSpeculator Yup that was the key 🔑

  • @dtlarsnw3551

    @dtlarsnw3551

    7 ай бұрын

    What funding platform did you use? I'm planning on using Oanda or Funderpro

  • @MuscaTheGreat

    @MuscaTheGreat

    7 ай бұрын

    @@SpectatingSpeculator cool, how did you prioritize risk management?

  • @LeftyBassman
    @LeftyBassman7 ай бұрын

    You’re by far my idol, my spiritual guide!

  • @MrG1982
    @MrG19827 ай бұрын

    Thank you for everything

  • @rajgangadin6831
    @rajgangadin68317 ай бұрын

    Awesome Thank You.

  • @HDY2024
    @HDY20247 ай бұрын

    Man I had my first month being profitable and then I blew it because I got hella cocky 😂😂 The grind begins again . Eventually I will listen Nick.

  • @paintflw
    @paintflw7 ай бұрын

    "...a stop that's tighter than the spread "...LMAO! Nick , thanks for all the vids, I needed that laugh today !, trader humor king and as always valuable information

  • @jdanyonsan1950

    @jdanyonsan1950

    Ай бұрын

    A gift that keeps on giving ... proper lol'd over here at 0018BST on a Monday night.

  • @Panos.athens
    @Panos.athens7 ай бұрын

    Nick great stuff and great help. Just, you cannot have 10 losses in a row with 1:1 RR. How many times do you have to flip the coin to get this result? A million?

  • @briancsmith11
    @briancsmith116 ай бұрын

    Another good one.

  • @HandyDan
    @HandyDan3 ай бұрын

    I agree with your approach, and that charts and other analysis are less than 50% correct. I have gone through hundreds of trend pictures and none even come close to the current market and if they do have a match, the outcome is 50%😂😂😂. I never set SL or TP unless I can't keep my eyes on the chart. If my trade is going strong in my direction I set my SL in the profit zone so even if it turn around I still win a little.

  • @erkankayikci3158
    @erkankayikci31587 ай бұрын

    mann thanks really alot . I graduated 2 university and my prof are not from real life always on the book . all you say is not in our thick shit books. live longg

  • @tim.dunlap
    @tim.dunlap7 ай бұрын

    This is where it's at! NS is a GOAT

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Cheers bro

  • @calqb
    @calqb7 ай бұрын

    Thank you Nicky poo❤️

  • @nunomuacho446
    @nunomuacho4467 ай бұрын

    Having my first profit trading week, learning alot from you, really have to thank you, I'm starting to make some decisions on my own and going to profit (weird as f***!) I SEE THE LIGHT! will go on your Close Friends when i have the cash available.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Awesome, keep at it!

  • @calvin2317
    @calvin23177 ай бұрын

    I just joined full program, I would say it looks legit and I hope it gets me outside the Matrix Nick!

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Badass bro! Welcome!

  • @robmccoy5207
    @robmccoy52077 ай бұрын

    I saw those wins this morning. Burning it up!

  • @filosofia_com_tr
    @filosofia_com_tr4 ай бұрын

    Can i ask you a question. Example we put 1/5 in to the position. But the position goes to profit side. Should we add the rest to the position? Because if the price goes to profit side oure position size will be small. How can we handle it?

  • @shawnwaldron1018
    @shawnwaldron10187 ай бұрын

    Can i change my stop loss ratio while in a live trade to increase my take profit if the trade is going in my favor, meaning if i started with a 2:1 ratio can i move my stop loss up to a 4:1 ratio before it hits my target and still be able to profit more then i initially would of if i kept my ratio at 2:1

  • @hyperbolictimetrader9126
    @hyperbolictimetrader91267 ай бұрын

    Great video

  • @chrisdlc281
    @chrisdlc2817 ай бұрын

    Hi Nick i have a question= For how long on an average most of your trades last? Mins/hours or a whole day?

  • @KS622
    @KS6227 ай бұрын

    So what broker does one use now hankotrade stops with mt4/5?

  • @olisehanineh
    @olisehaninehАй бұрын

    How long did it take you to grow your beard??? It's looking niiicceee

  • @LupeBaptista
    @LupeBaptista7 ай бұрын

    As a gen-X, I'm concerned about running out of money in retirement, any ideas for increased profits in the markets as of now? I’m admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $20k - $25k range.

  • @okaydamian

    @okaydamian

    7 ай бұрын

    its not late to hop on the train but dont be driven by FOMO, trying to meet the competing demands of retirement and financial goals can be frustrating, but fortunately, there are well qualified advisors out there that could help

  • @fromthebirchwood

    @fromthebirchwood

    7 ай бұрын

    curiously inputted Theresa Leigh Detrick on the web, spotted her consulting page ranked top! she seems highly professional and well matched for the job.. excellent share, Ive seen commentaries about advisors but not one looks this phenomenal

  • @haverelmink

    @haverelmink

    7 ай бұрын

    Dollar-cost average buy and hold index funds. Anything else is just gambling.

  • @ianbrown5955

    @ianbrown5955

    3 ай бұрын

    I'd like to give all my money to Terresa too. How do I give my hard earned money to a scammer?

  • @warehousesoup
    @warehousesoup7 ай бұрын

    Thanks

  • @jeffbee6090
    @jeffbee60907 ай бұрын

    love the no shit approach....

  • @jeffjones7331
    @jeffjones73317 ай бұрын

    Nick is the purest truth teller out here.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    always honest, 50% of the time

  • @009andahalf

    @009andahalf

    7 ай бұрын

    😂😂

  • @dimitrisnikolaou7099
    @dimitrisnikolaou70997 ай бұрын

    Hi Nick, Metaquotes have been banned from IOS. Do you have any update on the situation. And what is your alternative? Thank you for sharing all your insights!

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    I'm going back to forex.com probably

  • @jonathanlee5185
    @jonathanlee51857 ай бұрын

    👍Nick you are modest. 👍 From time to time I follow and check and record your calls on Telegram, and you are right directional 2 times in 3. For me, the other way around. How can that be -- as you say, even a chimp throwing darts will have a 50/50 win rate??

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Hey, it averages to 50/50 lmao

  • @jonathanlee5185

    @jonathanlee5185

    7 ай бұрын

    @@NickShawnFX No, despite your surface braggadocio elsewhere, on this key stat you are in fact a modest -- even humble -- gent.

  • @Shroomunati
    @Shroomunati7 ай бұрын

    What app do you use for forex

  • @petersymons2007
    @petersymons20077 ай бұрын

    Thanks Nick - small account but in profit this week. Just keeping things simple and managing my risk accordingly.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Solid

  • @NOSLEEPTRADINGLLC
    @NOSLEEPTRADINGLLC7 ай бұрын

    Nick what broke or are you using

  • @rikstar.
    @rikstar.7 ай бұрын

    TOP TRADING G

  • @ghandidaniel
    @ghandidaniel7 ай бұрын

    dying of the intro hahhawhawh🤣

  • @hermannheydenrych7225
    @hermannheydenrych72257 ай бұрын

    Hi Nick I see you do not talk about your Hedging Strategy anymore. Did you abandon that?

  • @vikingv2000
    @vikingv20006 ай бұрын

    when you become profitable risking 5 to 10% per trade makes more sense than sticking with the 1 to 2% industry norm. That is the quickest way I was able to grow my personal account

  • @ruby2411
    @ruby24117 ай бұрын

    Thanks Nick. This is another great video. How many pairs on average do you go through each day?

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Usually only a few, since there's only a few pairs that are in momentum with "good" setups at any given time.

  • @ruby2411

    @ruby2411

    7 ай бұрын

    @@NickShawnFX Thank you, that's good to know. I am situated in Australia, the only minor issue is when you are trading and posting, it is usually very late or very early in the morning my time.

  • @UPIL.INDONESIA
    @UPIL.INDONESIA7 ай бұрын

    I have followed you for so long, what I admire is the strategy is the damn boring same thing. I have learned a little bit about ICT too. Unconsciously, your strategy is somehow aligned (or maybe not) with ICT. Like when you take trade when in support/resistance, that's where order blocks sometimes happened. That's also where sometimes Fair Value Gap is happening. It is what it is, that's how I see it. But both ICT and your strategy, isn't always work 100%, hence the win rate is just 50%. What matters is the risk management like what you said, and the opportunity that often happen.

  • @LeftyBassman
    @LeftyBassman7 ай бұрын

    You’re my fair value gap

  • @fredm1
    @fredm17 ай бұрын

    Can this strategy help save a trading portfolio in great decline? I have lost over $80K recently to some weak strategy. I'm more interested in how to improve my portfolio. How do I turn tide around? I'll appreciate reliable Ideas

  • @debwes1

    @debwes1

    7 ай бұрын

    I think there are more qualified fin. specialists to provide this kind of advice. So, to help you out, you should work with a CFP rather than speculating.

  • @josephbush

    @josephbush

    7 ай бұрын

    I was earlier advised to find and work with a licensed advsor because I needed a substantial push to keep my portfolio afloat. She was really helpful in helping me develop my reserve from $225k to almost $850k, despite the market downturns. Maybe that's also what you need.

  • @Bezosjesss

    @Bezosjesss

    7 ай бұрын

    @josephbush Do you mind sharing info on the adviser who assisted you? I also have a plummeting portfoIio.

  • @josephbush

    @josephbush

    7 ай бұрын

    I take guidance from a Colorado-based wealth advisor 'Heather Lee Larioni'. She has a contact webpage, if you care for supervision. She's firmly established and well qualified.

  • @Bezosjesss

    @Bezosjesss

    7 ай бұрын

    Thanks a lot for this. I really didn't know what to do at this point.

  • @posthardcoresinger
    @posthardcoresinger7 ай бұрын

    Wish I didn't start on 0DTE options, but IDK shit about FX. You're making me want to switch. Do you believe price action has predictive power even though S/R does not? It would seem yes, otherwise why would you exit early if price is messing around at a zone and starting to back track right?

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Potentially, yes, but I think this will only apply once a person has attained a lot of experience seeing price action over and over. It's a good point that you made.

  • @posthardcoresinger

    @posthardcoresinger

    7 ай бұрын

    @NickShawnFX ok, good to know - it's hard for me to watch and listen to a guy like Al Brooks and not think that it does... but he's been staring at 5 minute charts for like 30 years lol.

  • @fbgfuture5804
    @fbgfuture58046 ай бұрын

    “Hey do I think this sh*ya gonna work out?

  • @ArabMoney81
    @ArabMoney814 ай бұрын

    I can't trade like this is I don't have 50k what I'm supposed to do with 10 20 dollar wine

  • @ArabMoney81
    @ArabMoney814 ай бұрын

    Is your advice going to take a brokie like me 6 8 years

  • @user-bb7je7fi7j
    @user-bb7je7fi7j7 ай бұрын

    Hey Nick what happened to hedging? You used to preach about hedging a year ago and now it seems like you talk about stop losses instead. Did something change or do you still use hedging?

  • @MrFreeze79
    @MrFreeze797 ай бұрын

    You better be that millionaire. ❤Unless you were being sarcastic. 😢

  • @mcobanoglu
    @mcobanoglu7 ай бұрын

    2nd !

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    yessss

  • @TwiztedHumor
    @TwiztedHumor6 ай бұрын

    I fuckin love you bro ❤😂

  • @pathadhikari4482
    @pathadhikari44827 ай бұрын

    I love you nick shawn

  • @unkownmartialartist6099
    @unkownmartialartist60993 ай бұрын

    tho it is not 50/50 chance to either win or loose, if your tp is further away than your sl, which it is in your case otherwise you wouldnt be able to win more then you loose, the chances are not 50/50 cuz price has to travel more points to get to your tp than to your sl, possibly reversing while doing it. So on the long run you will not have a 50/50 winrate no more. Winrate and Risk to Reward are logically opposites, if one gets bigger the other one gets smaller.

  • @oceanwave4142
    @oceanwave41422 ай бұрын

    But why do you not trade futures? Do you only like the past?

  • @oceanwave4142

    @oceanwave4142

    2 ай бұрын

    This is how I know you do not like to trade Natural Gas, cause if you did the best spread+ commission would be futures no doubt, fx brokers like to rape on this one...

  • @SadraShameli
    @SadraShameli7 ай бұрын

    Do you really believe that every open high low and close price level is random?

  • @malthus101
    @malthus1017 ай бұрын

    so even though your videos said you only trade the daily and 1h because they are the most reliable, you actually trade the 5 and 1 minute now?

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    I look at everything. It all starts on the daily chart, then goes down to the 1 minute.

  • @gti_patryk3567
    @gti_patryk35677 ай бұрын

    Nick sometimes I ponder and think that only htf trading is the only way to win. I'm only learning with books recommended to me, well we shall see what happens. I have made 35,000gbp and lost it all manually trading so yeah..

  • @sift8386
    @sift83867 ай бұрын

    How do you get your seed money did you start with like $600 and work your way all the way up to 100 grand?

  • @malthus101

    @malthus101

    7 ай бұрын

    er...... with a job??

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    I worked 2 jobs for 80 hours a week all year in 2016

  • @sift8386

    @sift8386

    7 ай бұрын

    ​@@NickShawnFXyour videos give me hope. I'm the best paper trader you ever met but when it comes to real money I f*** everything up. But I'm not going to give up. I don't f****** care how long it takes I'm not going to give up.

  • @haverelmink
    @haverelmink7 ай бұрын

    Nobody knows if support and resistance will be honored, which is why hedging is the only way to make this work.

  • @shariefhoosain3682
    @shariefhoosain36827 ай бұрын

    🙏🙏🔥🔥

  • @ruanvandyk5481
    @ruanvandyk54817 ай бұрын

    👊🏻😀👊🏻

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Cheers bro :)

  • @Stisse12
    @Stisse127 ай бұрын

    lool, stoploss smaler than spread !! :)

  • @BKX369
    @BKX3697 ай бұрын

    i agree with you. everyone keeps saying 1% 2% per trade, thats too low to make serious gains... i also do 5-10%

  • @emirkarar6231

    @emirkarar6231

    7 ай бұрын

    Brother 5% of the account doesnt mean 5% of the entire capital, he probably risks less than 1% of his capital, pls dont risk so much without having profitable months

  • @estaticbandits3034
    @estaticbandits30347 ай бұрын

    Wagyu beef 😂

  • @AbdulRehman-tl1vi
    @AbdulRehman-tl1vi7 ай бұрын

    Bro exposed me in 90 seconds 💀

  • @richardcui4817
    @richardcui48174 ай бұрын

    All these fancy definitions and theories are really shit blowing

  • @nortonacosta3592
    @nortonacosta35927 ай бұрын

    Nick i would love to trade with you, but 250 bucks in my local currency (brl) Its like 5 grand 👍

  • @malthus101

    @malthus101

    7 ай бұрын

    can't do the time, don't do the crime.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    It's a lot bro, just follow the free telegram and youtube channel, i show everything for free

  • @nortonacosta3592

    @nortonacosta3592

    7 ай бұрын

    @@NickShawnFX already in, my sweet shiny head 😍

  • @stevensteven3417

    @stevensteven3417

    7 ай бұрын

    ​@@NickShawnFXThx Nick.

  • @shimizu67
    @shimizu677 ай бұрын

    Why is there written 0 in deposit? How did you fill your account without doing a deposit? In my MT5 it clearly shows my deposit.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    The deposit will only show if you are setting the history to include the data from when the account was originally deposited. This account balance was started at $99,800 two months ago - but you will not see the deposit if I set the PNL history to just show the last 1 week of data - because there was no deposit within the last week. That is why there is a zero on the deposit line in the PNL history.

  • @shimizu67

    @shimizu67

    7 ай бұрын

    @@NickShawnFX Thanks Nick, I learned something today.

  • @user-ws6yd1qj8q

    @user-ws6yd1qj8q

    7 ай бұрын

    @@NickShawnFX show some real trading account sir

  • @KS622
    @KS6227 ай бұрын

    The likelyhood of losing 10 trades in a row is low? You underestimate my losing ability.

  • @malthus101

    @malthus101

    7 ай бұрын

    facts. i can lose 25 times in a row.. in fact i usually do!

  • @mmmwachasay7247

    @mmmwachasay7247

    7 ай бұрын

    ​@@malthus101if this is true u are legit a genius. U have found consistency in the markets. Now all u gotta do is do the fucking opposite of what you think is gonna happen. I envy u

  • @stevensteven3417

    @stevensteven3417

    7 ай бұрын

    Yes just do the opposite and you will be the next George Soros.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Someone else commented this - go and read my response to their comment on this video where they said essentially the same thing about 10 losses in a row. After you read my response - comment below to share with me your opinions.

  • @LucioWolfox
    @LucioWolfox7 ай бұрын

    Mofo had me laughing at SL lower than the spread

  • @sjaakumdaas
    @sjaakumdaas7 ай бұрын

    Wagyu beef 1st

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    medium rare

  • @Adi_O07
    @Adi_O077 ай бұрын

    But man ict strategy has100% win rate..😂😂😂

  • @dee23gaming

    @dee23gaming

    7 ай бұрын

    Nope, lol. No strategy wins 100% of the time.

  • @suniixxsav

    @suniixxsav

    7 ай бұрын

    @@dee23gaminghe was trolling lmao.

  • @Adi_O07

    @Adi_O07

    7 ай бұрын

    @@dee23gaming Really have you tried this ict shit..??🤣🤣

  • @johnddonnet5151

    @johnddonnet5151

    7 ай бұрын

    ICT can predict every single tick, data not needed

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    100% win rate! (50% of the time)

  • @jimmykongo6627
    @jimmykongo66277 ай бұрын

    FIRST

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    GOLD STICKER FOR YOU!

  • @user-nu5ri3mt8n
    @user-nu5ri3mt8n6 ай бұрын

    Why are you making it a binary choice on whether or not price respects a ''support or resistance'' level? You do know that most of time price will range right? You did mention consolidation but you blew it off as if it's not a thing. Then you said that if you start feeling pain you can just close it out. The issue with this strategy is that you will always be scared out of your position. Ranges and Spikes exist purely to discourage strategies like this. You are oversimplifying it and simple strategies may work once in a while but there is no way a strategy like this is making millions.

  • @akal210

    @akal210

    6 ай бұрын

    Have to agree. There's no way. He says 50/50 win ratio with the difference-making profitable edge being knowing when to add to winning positions and when to cut losing ones short. That's not any kind of a system or edge - it's pure gambling based on "intuition" and you're right - he's leaving it up to MM wicks taking full advantage of your emotions because you would have to price-watch to have this (theoretical) edge.

  • @tomlewis632
    @tomlewis6327 ай бұрын

    You make it sound like you don't give a shit what happens when you put on a trade. And come what may, you either close it out, or add to it.

  • @BoboKisempia
    @BoboKisempia7 ай бұрын

    Why you always make fun of SMC ?

  • @luka1999

    @luka1999

    7 ай бұрын

    Cuz there’s no need to take support and resistance that has been here for over 100s of years and rename it into order blocks, bullish accumulation manipulation distribution fair value gap smart money wyckoff candlestick pattern… And on top of that all these guys claim they invented these concepts, lol. Like I said, support & resistance has been here for over 100s of years, and no one invented anything. They simply took what was already there and put a label on it to make it look complicated. At least Nick doesn’t claim he invented support and resistance and says it like it is. Experience and intuition is a large part of being profitable.

  • @obeythehustle
    @obeythehustle7 ай бұрын

    Bruh took advantage of learning how to lose right

  • @timiokan8767
    @timiokan87677 ай бұрын

    Eve so mess things up that, when God turned and asked 'Adam where are you', his response was 'I'm naked''. Imagine the answer to the question, the guy was so confused he even said 'the woman you gave me'. Blessing CEO needs a brain check can't believe she's influencing young girls

  • @Chrisjohnson19_72
    @Chrisjohnson19_727 ай бұрын

    Nick I have to disagree. With a 50% win rate the chance of losing 10 in a row or more is a serious possibility. How can you honestly be telling people to trade at 10% per trade. I seriously don't know any other credible trader who would agree with this.. I am not doubting your results. I am saying that a losing streak of 10 trades in a row is a very real possibility with a 50% win rate. Very real.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    You're mistaken - here's the context. You have 1M to trade forex. You put only 50K into an account. You risk a dollar amount you're comfortable risking, say, 5K per trade. You'd have to lose 10 trades in a row at a FULL stop out of -1R on EACH trade with NO management in order to blow the account. Risking 5K per trade is 10% of a 50K account, which you say is ridiculous, but you're undermining the fact that the 50K starting balance is only 5% of the 1M of trading capital. So, 5K is 10% of the small account, yes, and that's okay - because that 5K risk is only a 0.5% risk of the total trading capital. Half a percent. Risk is controlled, even if you blow the entire account, which is still incredibly unlikely, but will happen at some point. This is the context that I believe you lacked when first shaping your opinion, let me know if your opinion has changed bro!

  • @Chrisjohnson19_72

    @Chrisjohnson19_72

    7 ай бұрын

    @@NickShawnFX I think I am confused between account balance vs trading capital. I thought account balance was the trading capital. So for instance if I only had a 10k account but took 1k trade with a 50% win rate then there is a very real possibility i could blow the account with the real possibility of a 10 loss losing streak. This was the context I was referring to. But if as your saying the 10K is simply a small part of a larger capital then yes I can now agree with your context as your not gonna have 1000 losses in a row to blow the entire capital of 1M.

  • @johnddonnet5151

    @johnddonnet5151

    7 ай бұрын

    What's the point then? Instead of vague beef you use groundfed beef, it's still meat. You are still risking same amount. If you lose 10 in a row you will loose same amount of money. The only explanation would be is that you don't trust your broker to give your money back.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Sweet, we're on the same page. Cheers man

  • @Fishster

    @Fishster

    15 сағат бұрын

    Probability of 10 in a row @ 50% is 4.5% for a 100 trades. 38% for 1000. More important is risk of ruin, there are calculators for that. To get meaningful values use your capital for trading not your account size.

  • @MrLeslloyd
    @MrLeslloyd7 ай бұрын

    Have you lost your mind?

  • @user-ws6yd1qj8q
    @user-ws6yd1qj8q7 ай бұрын

    Millionaire??? Bunch of bots in comment

  • @janlarsen9444
    @janlarsen94447 ай бұрын

    Nick, your argumentation is mathematically wrong. If your win / loss rate is 50/ 50; and your RR is 2:1 you probably wouldn't make money if you didn't manage the trades. If the win / loss is random, as you stipulate, the distance a deal "travels" is also random. I.e. with a 2:1 ratio it is double likely that the price will hit the loss first. I.e. your success is only due to you managing the deals.

  • @seandepagnier2437
    @seandepagnier24377 ай бұрын

    Can you show us your P&L for the past year so people can see you're the real deal? I think you're the rea deal but my friends claim all the gurus are BS. If they see the P&L I can shove it in their face! P.S. plus it will make me win a bet! Lol!!

  • @EvolutionaryEon

    @EvolutionaryEon

    7 ай бұрын

    Same I want proof man, I don't believe anything anyone says. I had legit 3 weeks solid of wins, then just lost everything literally in a week. I'm tired of people saying they are making money consistently, I HIGHLY doubt it.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    It's ALL in Telegram, scroll through there for an entire year - I've posted ALL my accounts, balances, trading history, the accounts that reach the target, the one large account that I've blown in the past 2 years, all the live trades that were called on a daily basis, AND made KZread recap videos for a lot of the accounts that I've traded, showing the full PNL on every one. Your comment is a result of you not taking the time to actually look at the evidence before sharing your opinion - go and look at evidence first before creating an opinion. It is all there.

  • @user-ws6yd1qj8q

    @user-ws6yd1qj8q

    7 ай бұрын

    he cant show real proof, fishy as u expected

  • @EvolutionaryEon

    @EvolutionaryEon

    7 ай бұрын

    @@NickShawnFX Hey my apologies man. I just started becoming profitable, massively and I can see this works.. It's just my own ego stopping me. Sorry for doubting you, and thanks for all of the great content. It's hard to get out of our own way sometimes.

  • @balazsszemann8331
    @balazsszemann83317 ай бұрын

    millions 🤣 and ya are on ytb of course

  • @jhw60
    @jhw607 ай бұрын

    This video costs a million dolla, but Nick is giving it for free.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Its true, folks

  • @Coral_dude
    @Coral_dude3 ай бұрын

    50% is break even. That would make me mad too.

  • @thetradingsloth
    @thetradingsloth7 ай бұрын

    imagine being bald and selling courses because you realize you cant make money trading.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    SO SAD FOLKS!

  • @thetradingsloth

    @thetradingsloth

    7 ай бұрын

    don't you have a youtube video to edit or something?@@NickShawnFX

  • @joeblow5588
    @joeblow55887 ай бұрын

    ".... makes me milloins" that is just not credible..

  • @ashmedia1883
    @ashmedia18837 ай бұрын

    You put on little weight bro

  • @brave1360
    @brave13607 ай бұрын

    im currently in a 3 losing streak and i feeel nothing lol

  • @malthus101

    @malthus101

    7 ай бұрын

    you should feel shame and self-pity.

  • @NickShawnFX

    @NickShawnFX

    7 ай бұрын

    Perfect, that's sort of how it should be

  • @brave1360

    @brave1360

    7 ай бұрын

    u responding made my day@@NickShawnFX

  • @brave1360

    @brave1360

    7 ай бұрын

    @@malthus101 bruh wtheck ,im feeling great im break even for this week,after a 4 streak,haha the confidence wont fade,the win streak will come also due time

  • @balazsszemann8331
    @balazsszemann83317 ай бұрын

    millions for you? 🤣🤣🤣 if you would make a living only, you wouldnt be on ytb wasting time

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